Arbuthnot Banking Group PLC (LON:ARBB – Get Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 810 ($10.47) and last traded at GBX 866 ($11.20), with a volume of 15962 shares changing hands. The stock had previously closed at GBX 898.20 ($11.61).
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, February 20th.
Check Out Our Latest Analysis on Arbuthnot Banking Group
Arbuthnot Banking Group Trading Down 3.6 %
Arbuthnot Banking Group (LON:ARBB – Get Free Report) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 152.30 ($1.97) earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 12.76% and a return on equity of 12.11%. On average, equities analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.
Arbuthnot Banking Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, May 1st will be paid a GBX 69.75 ($0.90) dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a yield of 3.17%. This is a boost from Arbuthnot Banking Group’s previous dividend of $40.00. Arbuthnot Banking Group’s payout ratio is presently 24.87%.
About Arbuthnot Banking Group
Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.
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